Uncover Egypt - Buying & renting property in Egypt or booking a hotel in Sharm El Sheikh or Luxor in Egypt - Help moving to Egypt
- Property Available in Egypt
- Safaga
- Sharm El Sheikh
- Sahl Hasheesh
- Hurghada
- Marsa Alam
- Dahab
- Luxor
Affordable property in Egypt.
Egypt is perfect for short term holiday
rentals.
Regency Beach
Situated on the new ‘Golden Mile’ – this stretch of Red Sea coast is the only area where you can buy a property to live - or holiday - in beach-front properties.
This stunning piece of beach front land is set midway between the seriously up and coming resort of Hurghada and the beautiful ‘island’ resort of El Gouna. The total area of the project is 11,800m2 with only 35% of the land being built on ensuring plenty of space and a large beach area. There will be a total of total of 160 apartments.
Pre launch-Prices until End January 2008
- Ground Floor: £550 per m2 (including garden)
- First Floor: £500 per m2
- Second Floor: £525 per m2
- Third Floor: £550 per m2
- Fourth Floor: £575 per m2
Apartment size options:
- 53 m2 Modular: Junior Suite 1 Bed 1 Bathroom
- 63 m2 Modular: 1 Bed 1 Bathroom
- 106 m2 Modular: 2 Bed 2 Bathroom
- 126 m2 Modular: 3 Bed 2 Bathroom
- On the 4th Floor there will be an opportunity for owners to buy there roof top with an internal spiral staircase to the Roof. (Prices in negotiation)
Price examples:
53 sqm 1 Bed 1 Bathroom - First Floor £26,500.00 = £500.00 per square metre
- 46sqm Studio- From £26,450
- 57 sqm 1 Bed 1 Bathroom - From £32,775
- 114 sqm 2 Bed 2 Bathroom - From £65,500
- 126 sqm3 Bed 2 Bathroom (limited availability contact us for details)
Facilities:
- Swimming pool: a large 750sqm swimming pool with waterfall plus a children's pool.
- Children's play ground: with swings, slides etc.
- Beauty and spa centre.
- Supermarket for all daily needs.
- 5 on-site bars and restaurants with room service available.
- Shopping mall with 20 boutiques.
- A diving school on the beach.
- A business centre
- A hotel style reception area.
- On-site 24 hour Security service.
- 24 hour / 7 days a week medical centre.
- Shuttle bus service to Hurghada and El Gouna.
Maintenance:
The annual maintenance fee is charged at £7.50/sqm per annum. This includes building insurance. Contents insurance can be arranged at 0.3% of your purchase price.
Amenities
Approximately 15 minute drive (6km) from the centre of Hurghada and the International airport on the main road between El Gouna and Hurghada, there are buses and taxis close at hand. There are many new developments along this coast line, so commercial services are available but tend to be confined to the resort. The smart new promenade area of El Kwasir is about 15minutes away by car, where there are many hotels, shops, restaurants, bars and other entertainment.
Property Management
Available -this project could be managed by the developer if required and 24hrs security, maintenance of buildings, public areas, would be covered by the maintenance charge to owners.
Furniture Packs
Furniture packs will be offered, they are not priced as yet but the target is for £85.00 per square metre for good quality.
Payment Scheme:
- Cash sales (5% discount)
- £1,000 refundable reservation fee
- 90% on signing of contract (minus reservation fee)
- 10% on receiving the keys to your apartment following snagging.
Instalments
- £1,000 Reservation Fee (Reserves your apartment until you have made inspection visit - max 1 month)
- Deposit of 40% (Less £1,000, within 21 days)
- First instalment of 25% (six months from deposit paid date)
- Second instalment of 25% (six months from 1st instalment date)
- Final Instalment of 10% (upon completion)
- These payments can be made through a UK Lawyer, Legal Alliances Worldwide Ltd to further enhance your security.
Delivery: Jan 2010
Please contact us for further details.